Moneycontrol PRO

business

Edelweiss Cap's call on Idea, Bharti; says buy now

The telecom commission has accepted the TRAI recommendations. The revenue share of 8% on tower companies would impact Bharti Airtel by Rs 5 per share and Idea by Rs 3 per share, pointed out Ganesh Duvvuri, Vice President of Instituional Equities Research at Edelweiss Capital. Edelweiss Capital has a buy call on both Bharti and Idea Cellular.

first published: Dec 12, 2011 12:26 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347